LONG EMBJ

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LONG EMBJEmbraer S.A. Sponsored ADRBATS:EMBJOssianHSwing trade. I will hold this stock until we see some overpriced reactions such as a very high RSI or the price moving well above the lower end of peer valuations. I can see a 10 to 20 percent gain over the next month or two, but the exact timing is not very important since this position is not tied to any options expiration. I am entering with a small position before earnings. If we beat earnings I will size up at the right time and increase exposure. Options contracts are not part of this trade. This is a regular equity position using margin through my broker. The company appears undervalued compared to its peers and the sector remains strong due to the current macro environment. Duration will be 1 to 3 months depending on overall market conditions.